BankThink

Bank of the West, fintech OpenInvest partner on socially conscious investing

10/08/19

Software creates a portfolio for bank customers that could be designed to support, say, efficient energy sources or refugees and avoid investments clients consider objectionable.

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Big banks need to stop tinkering with gender pay-gap data

10/08/19

Investors expect banks to be honest and transparent about employee wages.

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Deutsche Bank plans new tech division; bitcoin futures platform fizzles

10/08/19

The German bank is trying to reverse its reputation for “lousy systems;” the Bakkt platform has failed to attract much trading in its first two weeks.

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Are banks losing the brand war to tech firms?

10/08/19

Futurist Lex Sokolin believes buying banking products will be like buying generic pain relievers on Amazon.

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Ruling cuts short debt collectors’ victory lap over CFPB proposal

10/07/19

The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.

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WeWork problems highlight risks coworking poses for banks

10/07/19

The firm’s financial woes are mostly a result of overspending, but they have raised questions about how banks’ commercial real estate portfolios might fare if the coworking sector implodes.

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Bosshard Financial to reach $1B in assets after McFarland State purchase

10/07/19

The Wisconsin company will have 15 branches in its home state after completing the acquisition.

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The need for male allies and other highlights of the 2019 Most Powerful Women gala

10/07/19

The awards gala was a who's who in banking, both at the podium and in the audience. The FHFA settles the sexual harassment complaint involving Mel Watt. And an OCC veteran talks about her career.

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Sterling in N.Y. continues to reshape its loan book with acquisitions

10/07/19

The company has agreed to buy a portfolio of commercial loans from Santander Bank.

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Google exec named CEO of online lender OakNorth

10/07/19

Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.

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